FRI. BRIEF: MMA Back On Track • Sonos IPO A Success • Labels File $1B Cox Lawsuit • More

FRIDAY 8.3.18 Music Business News From Around The Web Updated continuously under the More News tab

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Eventbrite Files For IPO [Report]

Eventbrite, the popular indie and D.I.Y. ticketer, has reportedly filed for an IPO for later this year. The company’s lead underwriters are Goldman Sachs and JP Morgan Chase, according to the. Continue reading

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Tencent Music Confirms US IPO, Spotify Could Net $2.7B

Chinese internet giant Tencent confirmed it is spinning off its music unit with a US IPO. Details of the offering, which Tencent revealed in a Hong Kong stock exchange filing,. Continue reading

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MON. BRIEF: Sony Relaunches Arista • Tencent Confirms IPO • XXXTentacion Signed $10M Deal • More

MONDAY 7.9.18 Music Business News From Around The Web Updated continuously under the More News tab

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Tencent Music To File $30B U.S. IPO Friday [REPORT]

Digital music and streaming conglomerate Tencent Music Entertainment (TME) is set to file an SEC application for a $30 billion IPO in the U.S. this week, according to a report. 

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Spotify Is ‘Cash Flow Positive,’ says CEO Ek, Admits Hate Policy Handled Badly

Spotify CEO Daniel EK has now publicly admitted that the company handled the implementation of its new "hate content and hateful conduct" policy badly. More surprising was how the founder. Continue reading

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Sonos Files For IPO At $3 Billion Valuation

Sonos is filed to go public as early as June, the Wall Street Journal reported on Wednesday.  According to documents filed with the SEC, Sonos hopes to be valued at. Continue reading

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Vivendi Is Exploring A Universal Music IPO, says CEO

Universal, the world's largest music group, may soon be spun off via a public stock offering, the CEO of parent company Vivendi has confirmed. 

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Spotify Ends Solid First Trading Day At $26.7B Valuation

Spotify stock ended its first day as a public company with a valuation of $26.7 billion.  The stock closed at $149.95 as more than 3o million shares traded hands at. Continue reading

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Spotify [SPOT] Stock Trading At $161.24

Spotify stock was trading in the $161.24 per share range as of 1:30 PM ET on Tuesday, with bids reaching as high as $169  That's well above the $132 reference. Continue reading

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